Facctum reported that its watchlist management service processed all 1,653 listings in the EU's 22nd Russia sanctions package, adopted on 12 October across three Council Implementing Regulations, in 4 hours and 53 minutes. That time covers validating the changes and making the updated records available for customer screening.
Our readList update speed decides how long an institution is exposed to newly designated parties before its screening can catch them. The stated time gives buyers a figure to compare across list providers, though the post does not say when the clock started, so ask before writing it into a service level.